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Committee hears bill to require written brokerage agreements for Guam real‑estate transactions
Summary
Senator Tello Tiedegui introduced Bill 77‑38 to require written brokerage agreements in all real‑estate transactions on Guam. The committee opened the public hearing July 22, received written testimony and comments, and closed discussion with no recorded vote.
Senator Tello Tiedegui opened a July 22 committee public hearing on Bill 77‑38, a measure to require written brokerage agreements for real estate transactions on Guam.
The bill, introduced by Senator Tello, would add a provision to Title 21, Chapter 104 of the Guam Code Annotated clarifying that brokerage agreements must be in writing for sellers, buyers, lessors and lessees. The senator said the measure is intended to increase consumer protection and align local practice…
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